We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

This paper presents the Economic Security Index (ESI), a new, more comprehensive measure of economic insecurity. By combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting for fluctuations in income and out-of pocket...

In the aftermath of WorldWar II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies....

This paper examines the current state of the market for charter school finance and will focus specifically on programs and financing structures for school facilities.

This working paper examines the role that Community Development Financial Institutions (CDFIs) play in supporting the successful growth of public charter schools.

Presentation to the California Chamber of Commerce, San Francisco, CA, December 2, 2005

Presentation to the California Bankers Association, 121st Annual Convention, Dana Point, CA, May 4, 2012

Speech at Sacramento State University’s College of Business Administration Executive Speaker Series, Co-hosted with the Chartered Financial Analysts Society of Sacramento, Sacramento, California, February 23, 2007. ; President Janet L. Yellen presented similar remarks to the Silicon Valley...

Speech to the Silicon Valley Leadership Group, Santa Clara, California, February 21, 2007

Speech to the Money Marketeers of New York University, New York, New York, April 26, 2007